Vishay Intertechnology Inc. (VSH) recently released its earnings data for the fourth quarter. The company reported a net loss of $66.31 million, compared to a profit of $51.47 million during the same period the previous year. The loss per share stood at $0.49, which is a significant decline from earnings of $0.37 per share reported in the prior year.
When adjusting for certain items, Vishay Intertechnology reported break-even adjusted earnings of $0.00 per share, marginally surpassing analyst expectations which were $0.08 per share.
The company's revenue for the fourth quarter amounted to $714.72 million, a decrease from $785.24 million in the same quarter of the previous year.
In terms of future outlook, Vishay Intertechnology has projected its revenue guidance for the next quarter to range between $690 million and $730 million.
